Managed Test Services Is:
1 - Having a strategic partner manage all software testing needs of the organization.
2 - Ensuring that uniform testing standards are implemented across the organization.
3 - Managing the risk factors of testing processes centrally.
4 - Running it akin to a factory.
Commitment from the Executive Management for setting up a Managed Test Services organizationDetermine the demand by estimating and projecting actual demandIdentify and set up processes internally that facilitate a factory-based model of testingIdentify the test factory setup that suits your organizationIdentify the need for Service levelsIf offshored, determine the method for sharing data, establishing communication and sign-off on the governance model